The three-bedroom high-set house on 567sq m had been passed on to their son who in turn passed it on to his son.

Living interstate and not returning, he trusted the sale of the property to Vicki Stewart of Stewart Property.

"The home generated a lot of interest,'' Vicki said. "We had four interested parties, two of which we're hoping it didn't sell as they were unable to bid at auction.

"That just reminds us how important it is to be able to bid ... you can literally knock the competition out.''

The man with the gavel was Jamie Thomas, who recently made the move to Queensland from New South Wales after calling more than 350 auctions in Sydney's eastern suburbs including Surry Hills and Bondi Beach.